The Hong Kong government will be conducting a comprehensive review of the existing tax concessions applicable to the fund industry, according to Paul Chan, Hong Kong’s financial secretary.
Tag: Hong Kong
HK to conduct review on fund industry’s tax concerns
The Hong Kong government will be conducting a comprehensive review of the existing tax concessions applicable to the fund industry, according to Paul Chan, Hong Kong’s financial secretary.
Content Clever 2017 – Singapore & Hong Kong
We present photo highlights of Last Word’s Content Clever breakfast meetings, which were held on September 19 and 20 in Hong Kong and Singapore, respectively.
Northbound MRF fund inflows hit record $1.6bn
Total net inflows for Hong Kong-domiciled funds available for sale in China through the MRF have surpassed the RMB 10.69bn ($1.62bn) mark for the first time since the scheme began at the end of 2015.
Survey: Compliance most painful for Hong Kong PBs
Regulatory compliance and talent management are among the major challenges for private banks and wealth management firms in Hong Kong, according to a survey report from the Private Wealth Management Association (PWMA) and PwC.
Hong Kong’s SFC reins in digital tokens
Following China and Singapore, Hong Kong’s Securities and Futures Commission has clarified its position on the offer of digital tokens in Hong Kong.
Strong Q2 for HK mutual funds
The assets in Hong Kong SFC-registered mutual funds grew by 15.3% over the past 12 months, according to the regulator’s quarterly report for June 2017.
E Fund launches leveraged ETF in Hong Kong
The firm partnered with Taiwan’s Yuanta to launch a leveraged ETF tracking the Hang Seng Index, according to a listing announcement on the Hong Kong bourse.
Record inflows for China-domiciled MRF funds
In July, China-domiciled funds available for sale in Hong Kong through the MRF had the highest net inflows since the scheme began at the end of 2015.
HKIFA: Investors jump into balanced funds
Balanced funds in Hong Kong saw year-on-year gross sales nearly triple to $12.4bn from $4.3bn a year ago, the first time they exceeded those of equity fund sales since 2006, according to data from Hong Kong Investment Funds Association (HKIFA).
